IEA agrees to release record 400 million barrels of oil to address Iran war supply disruption
The move comes as the Iran war continues to choke off traffic through the strategically vital Strait of Hormuz.
Food prices could rise as Iran conflict disrupts fertilizer supply chain
The Iran conflict is disrupting fertilizer shipments through the Strait of Hormuz, raising supply concerns and potentially increasing global food inflation.
Three cargo ships struck off Iran's coast, UK says, including one in Strait of Hormuz
The incidents mark the latest in a string of reported attacks in or near to the Strait of Hormuz, where shipping traffic has virtually ground to a halt.
Iran war: Trump says he's not worried about domestic terror attack
President Donald Trump said oil companies should send tankers through the Strait of Hormuz, which has remained effectively closed due to the war on Iran.
Treasury yields gain after sticky February inflation reading, oil price increase
U.S. Treasury yields moved higher on Wednesday as assessed February's inflation report and monitored developments on the US-Iran war front.
Will Iran war make the UK cost of living crisis worse? – The Latest
Rising oil prices and market turmoil as a result of the war in the Middle East are fuelling fears the cost of living crisis could get even tougher. Energy bills, mortgage rates and petrol prices could all surge in the fallout from the conflict. So how much could the war tighten the screws on our personal finances? Lucy Hough speaks to the deputy editor of the Guardian’s money section, Rupert Jones – watch on YouTubeHow will war in the Middle East affect your finances? Continue reading...
Chubb set as main U.S. insurer for Persian Gulf shipping amid Iran war
The insurance giant will work with the U.S. International Development Finance Corp. to help backstop shipping.
Binance sues Wall Street Journal over reporting on Iranian sanctions
Journal reported that cryptocurrency exchange shut down internal investigation into transactions with network funding terror groupsSign up for the Breaking News US email to get newsletter alerts in your inboxThe US government is investigating Binance over allegations that Iran used the crypto exchange to evade sanctions and illegally move funds, according to a Wall Street Journal report published Wednesday.Binance has denied these claims and even sued the Wall Street Journal on Wednesday for defamation. Continue reading...
Oracle stock spikes 9% as strong Q3 earnings answer Wall Street AI build-out concerns
Oracle CEO Clayton Magouyrk said on an earnings call the company's model of having customers provide data chips for new data center builds is working.
Heating oil prices are being driven by greed, not war | Letter
It is hard to believe that attacks which started on 28 February can have had such a huge impact on oil that must have already been in the country, says Graham JudgeHilary Osborne (UK households that use heating oil face ‘frightening’ surge in bills over Iran war, 10 March) highlights that rural households are facing huge rises in the price of something that is a necessity.Sadly, not all the rises can be laid at the door of Donald Trump and his foolish war. Some of the increases are simply down to unashamed profiteering. On 2 March (48 hours after the war started) I had to pay 86.6p per litre of oil. This was 10p higher than the price on Friday 27 February. Continue reading...
Meta disables over 150,000 accounts in crackdown on south-east Asian scam networks
Company also launches tools to spot scammers as Thai police arrest 21 peopleMeta disabled more than 150,000 accounts and Thai police arrested 21 people in a sweeping international crackdown on south-east Asian criminal scam centers that targeted people around the world, the social media company said Wednesday.The operation was led by Thailand’s Royal Thai police anti-cyber scam center, alongside the FBI and the US justice department’s scam center strike force, with Meta investigators acting on intelligence shared in real time by law enforcement. Continue reading...
Will releasing millions of barrels of oil stockpiles really bring down fuel costs?
Despite rare act of multilateralism, there is no guarantee the IEA’s release of 400m barrels from reserves will depress pricesIEA orders largest ever release of stockpiled oil to reduce crude priceHow the Iran conflict could affect energy prices – video explainerWhen the global economy was still in the grip of the devastating 1970s oil crises, exposing the chokehold exerted by a few important oil states, the International Energy Agency (IEA) was created, in the hope of limiting future shocks.Almost half a century on, the IEA’s 32 members have drawn up plans to hit the emergency button, for only the fifth time in its history. Continue reading...
Consumer prices rose 2.4% annually in February, as expected
The consumer price index in February was expected to show a 2.4% increase from a year ago, according to the Dow Jones consensus.
Home of family with newborn 'a biohazard' after oil theft as prices spiral
"Absolute travesty" for family targeted by thieves, as oil price rises - and reports of price gouging - prompt watchdog to act.
‘The shine has been taken off’: Dubai faces existential threat as foreigners flee conflict
Tens of thousands of residents and tourists have left UAE since the US and Israel started bombing Iran two weeks ago, leaving beach bars, malls and hotels eerily emptyIn the playground of the rich, nobody wanted this war. For decades, Dubai built itself up as a sanctuary of unadulterated consumerism visited by tourists the world over.But now, the city in the United Arab Emirates faces an existential threat, as the war between the US and Israel and Iran has shaken the foundations of the “Dubai dream” that so many foreigners had bought into. Continue reading...
How high could UK petrol and diesel prices go?
For every $10 rise in oil prices, motorists face paying roughly 7p per litre more in the UK.
More support as heating oil costs 'double'
Rural farmers and homeowners are struggling to afford heating oil as prices rise.
Lloyd’s of London stresses it is still insuring shipping in strait of Hormuz
Maritime insurer fends off criticism over cancelled policies and sharp price risesMiddle East crisis – live updatesThere is a price for everything: even the cost of insuring a ship travelling through the strait of Hormuz.Donald Trump’s proposals for the US to provide political risk insurance for seaborne trade in the Gulf may have given the impression a lack of cover was the reason why traffic through the key waterway has almost halted. Continue reading...
British fintech Revolut gets full banking licence
Group lodged application in 2021 but had to overcome accounting issues and reputational concernsRevolut can finally launch as a fully fledged UK bank after a five-year wait for regulatory approval.The fintech said it had received the all-clear from the Prudential Regulation Authority (PRA) for a full banking licence, allowing it to offer accounts for retail and business customers. Continue reading...
Countries agree to record release of emergency oil reserves as prices surge
The G7 group of nations welcomes the idea of releasing oil in response to the surge in prices since the US-Israel war with Iran began
How the Iran war could impact hyperscalers' massive AI buildout in the Middle East
Tech companies have funnelled billions of dollars into Middle East AI projects — the Iran war means questions will be asked about future investments
Anduril expands into space as defense tech angles to support Trump's Golden Dome
Anduril, founded by Oculus creator Palmer Luckey, is positioning itself to be a key player in President Trump's "Golden Dome" project.
'Concern' as school holiday food vouchers end
A head teacher says he is "really concerned" about a decision to end school holiday food vouchers.
Surely if you rule the manosphere, you can be your own boss? These influencers aren’t even that | Elle Hunt
Content creators claim they’ve escaped the 9 to 5, yet as Louis Theroux’s new show reveals, they are mere serfs to algorithms and audiences Who wouldn’t want to be an influencer? You’re famous and maybe even rich, just for doing what you’d be doing anyway: working out at the gym, hanging out with your mates and mucking about on the internet. You get paid to say what you think (or are at least sent free stuff), and no one’s telling you what to do. Surely only a sucker would do anything else.At least that is the influencing dream, and many young men are buying into it. “Content creator” has for years been cited as the most desirable career by generation Z and now gen Alpha. The preferred platforms might have changed over time, with streaming on Twitch and Kick now supplanting posting on Instagram and YouTube, but the aspiration remains the same: to escape the drudgery of a desk job. Continue reading...
‘I took two bites and had to spit it out’: candy makers are phasing out real cocoa in chocolate
Due to the volatile cocoa market, companies like Hershey are using replacement ingredients such as sugar, oil, milk and nutsJust before Valentine’s Day, Brad Reese bought a bag of Reese’s Unwrapped Peanut Butter Creme Mini Hearts from his local convenience store in West Palm Beach, Florida. It was a brand-new product, released especially for the holiday, tagline: “We’ll never break your heart.”Reese is a Reese’s aficionado who makes a point of trying everything the company produces. This isn’t a coincidence: he’s one of the Reeses, a grandson of HB Reese, the former Hershey dairy farmer who invented the peanut butter cup in 1928. Although he’s never worked for Reese’s or Hershey, which acquired the peanut butter cup company in 1963, Reese considers himself a custodian of HB’s legacy. He also takes an avid interest in the Hershey company and its leadership. Continue reading...
Nebius stock pops 14% on Nvidia $2 billion investment announcement
The announcement comes a week after Nvidia unveiled partnerships with Lumentum and Coherent, investing $2 billion in each company.
UK companies struggling to hire young people amid cost pressures, MPs told
Business lobby groups say firms less likely to take on staff with few qualifications or who have gaps in their CVsBritish companies are struggling to afford to hire young people after a long period of rising costs that have hit profit margins and derailed recruitment plans, business leaders say.Rising labour costs including increases to the minimum wage and employer’s national insurance by the government have put young people at the back of the queue when employers consider recruitment, business lobby groups told MPs. Continue reading...
Revolut acquires full UK banking license after years-long wait
The UK-based startup hit a valuation of $75 billion in 2025 and is one of Europe's most valuable private tech companies.
IEA orders largest ever release of stockpiled oil to reduce crude price
Members agree unanimously to release about 400m barrels amid market volatility caused by Iran warBusiness live – latest updatesMiddle East crisis live – latest updatesThe International Energy Agency has ordered the largest release of government oil reserves in its history to help calm the oil price shock triggered by the US-Israeli attacks on Iran.The world’s energy watchdog said its 32 members had agreed unanimously to release about 400m barrels of emergency crude, a third of the group’s total government stockpiles and more than double the IEA’s previous biggest release. Continue reading...
Iran sends millions of oil barrels to China through Strait of Hormuz even as war chokes the waterway
Iran has continued to ship crude oil via the Strait of Hormuz to China even as the war between U.S.-Israel and Iran has disrupted broader energy supplies via the waterway.
Five things to know about Iran's new supreme leader, Mojtaba Khamenei
"The Iranians are showing defiance by choosing the son of Khamenei," a former diplomat told CNBC.
Meta rolls out in-house AI chips weeks after massive Nvidia, AMD deals
Meta's latest generations of its MTIA series of in-house chips for artificial intelligence will help support the company's massive data center expansion plans.
Porsche to cut more jobs after costly reversal of electric car strategy
German carmaker has struggled with rising competition in China, a key market for European luxury brandsPorsche is to cut more jobs after profits were largely cancelled out by a costly writedown on reversing its electric car strategy, as the luxury manufacturer also battled a prolonged sales slump in China.The German carmaker appointed a new chief executive, Michael Leiters, on 1 January after four profit warnings last year that also contributed to it tumbling out of Germany’s DAX stock index. Continue reading...
US inflation stayed flat at 2.4% in February before effects of war on Iran kicked in
Effect of war on prices not reflected in data, as Trump says only ‘fools’ would think oil price shocks would be significantSign up for the Breaking News US email to get newsletter alerts in your inboxUS inflation stayed flat at 2.4% in February, according to government data released Wednesday that provides a snapshot of the US economy before it was thrown into a tailspin by the US-Israel conflict with Iran.The levelling comes after prices swung last year, reaching a four-year low in April before shooting back up in September. In late fall, inflation crept down again, reaching 2.4% in January. Continue reading...
Fuel tax hike plan to be kept under review over Iran, says PM
Fuel duty on petrol and diesel is due to rise from September, when a 5p cut is phased out.
Powering AI: Europe switches on its first microgrid-connected data center
AVK and Pure Data Centers’ microgrid facility in Ireland could mark the region’s first step toward a privately powered ecosystem.
US inflation stable ahead of Iran shock
With energy prices jumping, analysts say the report might be viewed as a "historical artefact".
Nearly 4,000 US meatpacking workers to strike at plant run by top Trump donor
Workers at JBS USA to strike Monday in what will be the first labor strike in the meatpacking industry in decadesAbout 3,800 workers at JBS USA, the world’s largest meat producer, are set to strike on Monday in what will be the first labor strike in the industry in decades.The walkout threatens to put further strain on US meat prices – ground beef prices soared 15% last year – and could prove a headache for the Trump administration as it struggles with poor polling on cost of living issues. Continue reading...
Meet the Americans withholding their federal income tax to protest against Trump
Some US taxpayers are refusing to pay the federal government amid ICE surges, the war with Iran and more“I’m not paying my federal income taxes this year,” Rachel Cohen declared in a recent Instagram video that received more than 140,000 likes.The 31-year-old lawyer in Chicago plans to put the $8,800 she owes the federal government in a high-yield savings account instead. She doesn’t want to fund wars in Iran and Gaza or immigration agents detaining her neighbors, she said. Continue reading...
‘Nothing off the table’ as Rachel Reeves considers ‘targeted support’ over energy costs
Chancellor does not rule out ditching planned fuel duty rise but tells MPs it is too early to gauge if consumers need extra helpBusiness live – latest updatesIEA orders largest ever release of stockpiled oil to reduce priceRachel Reeves has refused to rule out ditching a planned fuel duty increase in September, as she promised “nothing is off the table” to help consumers with rising energy costs amid the Iran conflict.The chancellor told MPs on the Treasury select committee that options for “targeted support as well as broader measures” were being explored, although she cautioned that it remained “too early” to be sure emergency help was required. Continue reading...
Heating oil protection calls after 'shock' price rises
About 130,000 households in Scotland rely on the fuel to warm their homes.
Average UK mortgage rate tops 5% as lenders scurry to reprice loans amid Middle East crisis
More than 500 lending products pulled in biggest single upheaval since Liz Truss’s mini-budget in 2022How will war in the Middle East affect your finances?Business live – latest updatesAverage mortgage rates in the UK have flown past 5% as lenders scramble to respond to growing turmoil in the home loan market caused by the Middle East war.Nearly 500 mortgage deals have been pulled in the past 48 hours in the biggest upheaval since the aftermath of the 2022 mini-budget. Continue reading...
Mortgage rates rise and deals pulled over Iran war turmoil
Average mortgage rates hit highest since last August in the biggest upheaval since the mini-Budget.
Rheinmetall sees sales growth of up to 45% in 2026, says it's in 'prime position' to arm the U.S. amid war in Iran
Arms maker Rheinmetall reported full-year sales that grew 29% year-over-year and said revenue would grow by even more this year.
Return to Russian energy would be 'strategic blunder,' EU says — but Moscow smells blood
Russian President Vladimir Putin said Moscow is considering stopping all fuel exports to Europe as the bloc seeks to mitigate energy supply crisis.
‘Severe water stress’: why desalination plants are the Gulf’s greatest weakness
Recent attack on plants led to fears of escalating strikes, but Iran knows drought has left it equally vulnerableMiddle East crisis – live updatesIn 1983, the CIA determined that the most crucial commodity in the Gulf was its desalinated potable water.Although the loss of a single plant could be handled, “successful attacks on several plants in the most dependent countries could generate a national crisis that could lead to panic flights from the country and civil unrest”. And the greatest threat to the region’s water supply? “Iran.” Continue reading...
The Aldi-style disruptors who could be about to shake up the vets market
As pet owners complain of rising prices, independent practices want to take on the big chains.
Roman Abramovich’s Chelsea FC sale cash may be under investigation as ‘proceeds of crime’
Documents filed at Companies House over 2022 deal could complicate row with UK over how money will be usedJersey authorities may be investigating whether cash raised by Roman Abramovich’s 2022 sale of Chelsea FC amounts to the proceeds of crime, according to documents filed at Companies House on Wednesday, potentially complicating a row with the UK government over how the money will be used.Accounts for Fordstam Ltd, the company through which the billionaire Russian oligarch owned Chelsea, show that the proceeds of the sale – currently frozen and gathering interest in a Barclays Bank account – have risen to £2.4bn. Continue reading...
Wildlife to replace historical figures on banknotes - and you get a say
The public will help choose which animals and birds will appear on the Bank of England's new notes.
US releases footage of strikes on mine-laying vessels in strait of Hormuz – video
The US military says it has attacked and destroyed 16 Iranian mine-laying vessels near the strait of Hormuz amid reports Iran has begun laying explosive devices in the strategically vital waterway. About a fifth of the world’s oil passes through the strait, and Iran’s Islamic Revolutionary Guard Corps said this week it would not allow even 'one litre of oil' to leave the region if US-Israeli attacks continued. On Tuesday, Donald Trump said in a post on Truth Social that 'if Iran has put out any mines in the Hormuz strait, and we have no reports of them doing so, we want them removed, IMMEDIATELY!' Less than two hours later, the US military released unclassified footage of its attacks on mine-laying vesselsMiddle East crisis liveUS attacks Iran’s mine-laying boats in strait of Hormuz as tensions rise over oil Continue reading...
‘When I leave, part of me stays’: why Scarborough’s youth won’t turn their backs on the seaside town they love
Hemmed in by the sea and poor transport links, many young people from the Yorkshire town feel trapped, but there is also a pride in the areaIt’s the morning after a wet and stormy day in the Yorkshire seaside town of Scarborough. The waves, which the previous day had been crashing dramatically on the harbour walls, have calmed and a few brave souls have entered the water with surfboards. There is a man throwing a ball for his dog on the beach and a kayaker bobbing on the waves.Just up from the seafront in the centre of town, Jack and Charlie, both 17, are leaning forward listening to a story from 19-year-old Keane about his recent visit to a drama school in London, where he is hoping to apply for a place on an actor training course once he has saved enough money.Scarborough, on the North Yorkshire coast, was one of England’s first seaside resorts Continue reading...
CNBC Daily Open: Oil jitters persist as U.S. targets Iranian ships near Strait of Hormuz
Oil was slightly higher as traders expect a group of countries to tap emergency crude reserves to mitigate disruption caused by the war in the Middle East.
Iran war cost will be passed to consumers, shipping giant boss tells BBC
Maersk chief executive Vincent Clerc has called on the US, Israel and Iran to reach "some kind of deal".
How Iran has used the strait of Hormuz to throttle oil and gas – a visual guide
The Tehran regime has weaponised geography in retaliation for the attacks by the US and Israel Global oil markets have recorded some of the biggest price swings in history this week after the US-Israeli war with Iran throttled the flow of Middle Eastern crude through the strait of Hormuz.The narrow waterway south of Iran is one of the world’s most important trade arteries, through which a fifth of global oil and seaborne gas is shipped from production facilities and refineries in the Gulf to buyers around the world. Continue reading...
Travelers are turning to AI to plan trips — but hallucinations and trust gaps remain
More travelers are turning to AI to plan their trips, but concerns over accuracy and trust continue to shadow the technology’s rapid adoption.
Asia-Pacific markets mostly higher as investors weigh developments in the Middle East
Asia-Pacific markets traded mostly higher on Wednesday as investors assessed the ongoing Middle East war.
India-China reset? Relaxed rules allow Beijing to invest in India after about six years of friction
The Indian cabinet has approved changes to its foreign direct investment policy, allowing investments from "Land Bordering Countries."
This is the story of Weda Bay – and how nature is being sacrificed for mining
Analysis has found more than 3,000 mining operations within the most naturally precious areas of the planet, a much bigger footprint than previously thoughtWeda Bay is just one example of a global trend that could see the mining industry expand into some of Earth’s last areas of wilderness in search of minerals and materials to feed the global economy.Analysis produced for the Guardian by a group of academic researchers found more than 3,267 mining operations within key biodiversity areas (KBAs), accounting for nearly 5% of the mining sector’s global footprint. China, Brazil, Argentina and Mexico top the rankings for total surface mining area within key biodiversity areas, the most naturally precious areas of the planet. Continue reading...
Cheaper commuting: the best ways to save on the costs of your travel to work
From railcards to route tweaks, here’s how to stop your daily train or car journey breaking the bankRevealed: new affordable commuter hotspots in Great BritainHomes for sale in new commuter hotspots in England – in picturesFor regular rail travellers, season tickets remain one of the biggest cost savers. A weekly, monthly or annual season ticket will work out much cheaper than paying daily fares, especially if you commute most days. Continue reading...
The Iran oil crisis has proved Ed Miliband right on green energy. But households still need more help | Mathew Lawrence
Britain’s whole energy economy needs to be reformed – decarbonising the grid is only part of the mixBritain is once again paying the price of an energy system that is more effective at extracting profits than delivering security. Illegal war and geopolitical disruption are sending fossil fuel prices soaring – and because our electricity market turns volatile gas prices into higher electricity bills, families here risk paying the cost. The government is already unpopular. How it responds to this crisis, and the wider crisis of affordability, will define its legacy. Its instinct has been to double down on clean power. That has strong merit – but understanding that strategy’s limits shows why deeper reform is urgently necessary.The government’s goal is clear: achieve stable prices by removing gas from the grid. Britain’s electricity market uses a marginal pricing system, which means that the price paid for all electricity at any moment is set by the most expensive source needed to meet demand. Even though gas produces only about a quarter of our electricity, it sets the price around 85% of the time. That means even when renewables are generating most of the country’s power, your bill doesn’t reflect the cost of solar or wind. And because gas is a global commodity with the price set by the international market, the closing of the Strait of Hormuz translates into rising electricity bills in Hull – even as the horizon grows thick with wind turbines and the share of clean power on the grid grows every year.Mathew Lawrence is the director of Common Wealth Continue reading...
CNBC's UK Exchange newsletter: Horse racing in the spotlight — and under pressure
This year's famous Cheltenham Festival comes at a time of crisis for British racing, which saw the head of the sport’s governing body quit amid acrimony.
If plant-based foods must be more honest, let’s do the same for meat – fancy some ‘cow muscle’? | Deirdra Barr
EU rules banning terms such as ‘bacon’ for veggie products are problematic, btw cow muscle = steakLast week, European policymakers decided that plant-based foods should no longer be marketed with terms such as “chicken”, “bacon” or “steak”. The fear seems to be that shoppers might accidentally buy veggie bacon thinking it came from an actual pig. The change applies to the UK too, because of our trade agreement with Europe.After considerable pushback from organisations including the one I work with, the Vegetarian Society, and many food brands, words such as “burger”, “nuggets” and “sausage” – as in, vegan sausage rolls – are still permitted, provided the packaging makes clear they are plant-based. But even those allowances could yet be revisited.Deirdra Barr is director of marketing and communications at the Vegetarian Society Continue reading...
Why Iran’s vital Kharg Island oil hub is still untouched by US-Israel bombers
While some argue for destroying the terminal through which 90% of Iran’s oil exports flow, others caution of a global market ‘tailspin’Kharg Island – through which 90% of Iran’s oil exports flow – is arguably the country’s most sensitive economic target but the export terminal has so far remained untouched throughout the US-Israel bombing campaign.Experts say bombing or capturing the site with US forces would be likely to cause a sustained increase to already surging oil prices, as it would amount to taking the entirety of Iran’s daily crude exports offline. Continue reading...
Reaching net zero by 2050 ‘cheaper for UK than one fossil fuel crisis’
Climate change committee finds move to renewable energy would also bring health, economic and security benefitsAchieving the UK’s net zero target by 2050 will cost less than a single oil shock and bring health and economic benefits while insulating the country against future costs, the government’s climate advisers have forecast.Eliminating the UK’s reliance on fossil fuels by adopting renewable energy and green technologies, such as electric vehicles and heat pumps, would be the best and most cost-effective option for the future economy, the Climate Change Committee (CCC) found. Continue reading...
Meta buys 'social media network for AI' Moltbook
The forum-style app has sparked interest by showing how AI bots interact without human involvement.
Trump’s ego-trip war has collided with economic reality but he can’t undo the damage | Rafael Behr
The US president’s doctrine of lawless military adventures harms American interests and boosts Vladimir PutinWaging war with no fixed purpose means victory can be declared at any point. Donald Trump’s motives for launching Operation Epic Fury against Iran were incoherent at the start. They are no clearer now that he has declared it “very complete, pretty much”.US and Israeli bombs have caused death and destruction, shaking but not toppling the government in Tehran. Among the targets was the supreme leader, Ali Khamenei. He has been replaced by his son – an “unacceptable” candidate in the US president’s evaluation.Rafael Behr is a Guardian columnistGuardian Newsroom: Can Labour come back from the brink? On Thursday 30 April, ahead of the May elections, join Gaby Hinsliff, Zoe Williams, Polly Toynbee and Rafael Behr as they discuss the threat to Labour from both the Green party and Reform and whether Keir Starmer can survive as leader of the Labour party. Book tickets here or at guardian.live Continue reading...
CNBC's The China Connection newsletter: Beijing can't afford another crackdown on its tech companies
China's latest policy meetings underscored the importance of domestic tech innovation to national growth.
U.S. forces sink 16 Iranian minelayers as reports say Tehran is mining the Strait of Hormuz
U.S. President Trump warned of “military consequences … at a level never seen before” if mines were not removed.
Trump says U.S. will build first refinery in 50 years with investment from India's Reliance Industries
U.S. President said India's largest private energy company Reliance Industries is investing in a $300-billion refinery project in Texas.
‘If I go home, we don’t have enough money’: the low-paid Filipino workers caught up in the war on Iran
Filipino carer Mary Ann De Vera was the first victim of the war in Israel, while thousands of others remain in vulnerable positions across the Middle EastSirens warning of Iranian missiles blare out so frequently that Joycee Pelayo, a Filipino living near to Tel Aviv, doesn’t leave the house any more. Each time an alert sounds, she rushes to help the older man she cares for, supporting him into a wheelchair, then down the steps into a nearby shelter.“Last night, there were three alerts. We received it at about 2am, in the middle of the night, and then 3am, and then 4am,” says Pelayo. Continue reading...
'Icky and heartbreaking': The $2 per hour worker behind the OnlyFans boom
The BBC talks to a Philippines-based woman paid to pretend to be an OnlyFans star in online chats.
'Investing in people': Can China's new push to boost spending revive the economy?
Beijing has spent decades relying on exports and innovation but that model is now under strain.
Tillis maintains blockade on Fed pick Kevin Warsh over Powell probe
Sen. Thom Tillis met with Federal Reserve chairman nominee Kevin Warsh, who President Donald Trump wants to replace Chair Jerome Powell.
Google employee loses tribunal claim after sexual harassment complaint
Judge rejects case brought by the senior worker who alleged she was made redundant after reporting a manager for sharing inappropriate stories about his swinger lifestyle.
Meta urged to boost oversight of fake AI videos
Meta's advisers say its methods for policing AI videos are inadequate, especially at times of crisis.
Oil and gas prices fall after Trump says war is 'very complete'
The US president's comments lead to a drop in crude costs and a rebound in shares.
British Airways to suspend UK repatriation flights - latest on travel from Middle East
BA cancels more Middle East flights until 28 March, following Iranian strikes across the region in retaliation to US and Israeli bombardment.
Time for UK regulators to act against Saba Capital’s siege tactics | Nils Pratley
The FCA should bring in new rules to protect investment trusts from overaggressive activist investors trying to take controlA year ago, the sometimes sleepy world of UK investment trusts – companies that invest in other companies – had a moment of genuine drama. A loud New York raider, Boaz Weinstein of hedge fund Saba Capital, bought significant stakes in seven trusts and lobbed insults at their boards, generally about poor investment performance or a failure to close the gap between the value of the assets and the share price.For all the fireworks, the campaign was a flop. Saba filed a variety of shake-’em-up motions at what it called the “Miserable Seven” and lost the lot. A 7-0 defeat, you’d think, would prompt Weinstein to slink away in embarrassment but, as quickly became clear, that’s not his style. Continue reading...
Calls grow for Reeves to ditch fuel tax hike over Iran
Reform UK has set out further detail of how it would cover the cost of scrapping September's planned rise.
How the Iran war may affect your money and bills
The conflict in the Middle East could raise the cost of petrol, household energy bills and even food.
How are EU and member states reacting to energy crisis triggered by Iran war?
Prospect of Trump easing US sanctions on Russian oil is a nightmare for the bloc as nations work out how to respondMiddle East crisis – live updatesThe Iran war has thrown global oil and gas flows into chaos and the prospect of Donald Trump easing US sanctions on Russian oil to fill the gap is causing a nightmare for the EU.The European Council president, António Costa, who represents the EU’s leaders, said on Tuesday the only winner from the ongoing conflict would be Vladimir Putin, who could step into the gap created by the throttling of Gulf supplies. Continue reading...
'My heating oil costs have more than doubled since Iran war started'
BBC Your Voice hears from someone facing higher bills, as the chancellor says there is "price gouging" in the market.
Why the price of oil matters more than you might think
A shock to oil supplies is rattling financial markets, driving up prices at the pump and raising fears of a bigger economic hit.
India's restaurants are under threat from the LPG supply crunch caused by the Iran war
Restaurants in India are facing closure as the government restricts the supply of LPG as cooking fuel, industry representatives tell CNBC.
How the Iran conflict could affect prices around the world – video explainer
Oil markets have had some of the steepest price rises ever recorded as conflict in the Middle East escalated over the last week. Although the world is slowly becoming greener, fossil fuels are still the lifeblood of every economy so when oil and gas prices rise, the effect ripples through almost every aspect of our financial lives. Jillian Ambrose, energy correspondent for the Guardian, explains how the conflict may affect global costs.Oil prices ‘could breach $100 a barrel within days’ amid supply disruption from Iran war Continue reading...
Volkswagen to cut 50,000 jobs as profits drop
Europe's largest carmaker said post-tax profits had dropped to their lowest level since 2016.
I’ve taught thousands of people how to use AI – here’s what I’ve learned
Most people fail with AI because they don’t understand what it actually is – if you treat it as a skill, not a shortcut, you’ll get the best resultsSign up for AI for the People, a six-week newsletter course, hereTraining teams to use AI at work has given me a front-row seat to a new kind of professional divide.Some people hand everything over to the machine and stop thinking. Others won’t touch it at all. Continue reading...
Uber rolls out women-only option in the US
The feature allows both women riders and drivers to be matched with other women for trips on the ride-sharing app.
Fifty years of sexing up tech: Apple’s epic hits – and misses
Remember the iPod? How about the Pippin? In the half-century since it launched its first PC, Apple has given us some amazing innovations. We round up its biggest triumphs and flopsFifty years after Steve Jobs, Steve Wozniak and Ronald Wayne founded the company in Jobs’ parents’ garage in Los Altos, California, Apple has become a behemoth, and billions of us use its products every day. From the first successful home computers with colour screens, to the iPod, to the smartphone that set the template for the modern mobile era, the company has repeatedly reset consumer expectations.As a result, the firm occupies a central position in the tech world, initiating trends and popularising products. Here are five of its most influential products from the past half-century – alongside some unusually big misses. Continue reading...
Iran war could knock UK homebuyer confidence, says builder Persimmon
Growing fears that elevated interest rates will continue, as Barclays finds worries that war will push up inflationBusiness live – latest updatesA leading British housebuilder has warned the Iran conflict could knock homebuyer sentiment, amid growing fears of a jump in inflation and a prolonged period of elevated interest rates.Persimmon said it was “monitoring the impact the conflict with Iran could have on our markets in 2026”, but noted that consumer sentiment could be sensitive amid more financial uncertainty. Continue reading...
Millions in England to pay higher water bills after suppliers appeal
Anglian, Southern, Wessex and South East allowed to raise charges more than originally permitted by watchdogBusiness live – latest updatesMillions of households in England will pay even higher water bills than previously expected, after the competition regulator gave its final verdict on industry spending plans for the coming years.Five water companies had appealed to the Competition and Markets Authority to let them raise bills higher than was initially allowed by Ofwat, the industry watchdog. On Tuesday, the CMA said it would let four of them raise annual bills by an extra 2.65% on average. Continue reading...
China exports surge despite Trump tariffs
Official data shows shipments rose by 20% this year with growth in European and other Asia markets.
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GPS jamming: The invisible battle in the Middle East
GPS jamming has made navigation hazardous in the Gulf, spurring efforts to develop alternatives.
G7 to take 'necessary measures' to support energy supplies
Finance ministers and the IEA discussed options for stabilising oil prices which surpassed $100.
Anthropic sues US government for calling it a risk
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Six ways the Iran war could affect you - in charts
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Asia governments to cap fuel prices as oil costs jump
The price of crude has surged above $100 on concerns about shortages due to supply disruptions.
Spain's migrants welcome amnesty: 'It will help us in every way'
Madrid cites humanitarian and economic reasons to give undocumented workers legal status.
What in the World
Iran says it has closed the vital shipping channel to global trade.
Can snacks help you sleep?
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We have more privacy controls yet less privacy than ever
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Wales' richest man says Britain is 'uncomfortable place' for Jews
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Edible Economics by Ha-Joon Chang (Omnibus)
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Why you can't get a signal at festivals and sports matches
Connecting up music and sports events to the internet is a massive undertaking.
The family-owned soda firm that still uses returnable glass bottles
Soft drinks company Twig's Beverage has a loyal following for its old-fashioned approach.
Register now: Applications open for the World's Top Fintech Companies 2026
CNBC and Statista chart the top fintech players from around the world, ranging from startups to Big Tech names.
Orbital space race heats up in Arctic north
Europe lags far behind the US and China in orbital space launches, but new facilities are opening up.
Are you cut out for living and working in Antarctica?
Jobs are available on the icy continent for chefs, plumbers, carpenters and even hairdressers.
How do you modernise mango farming?
India's mango farmers are being urged to innovate as climate change makes cultivation "unpredictable".
The two farms in Senegal that supply many of the UK's vegetables
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Reddit's human content wins amid the AI flood
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Trump eyes Venezuela visit – but obstacles to his oil plan remain
The US president wants American energy firms to start extracting the crude but they are reluctant.
The US economy is growing - so where are all the jobs?
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Get a grip: Robotics firms struggle to develop hands
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Who is billionaire Sir Jim Ratcliffe and how did he make his money?
The industrialist and Manchester United co-owner has apologised over comments he made about immigration.
The Dutch love four-day working weeks, but are they sustainable?
The Netherlands has the lowest working hours in Europe, but some say it is harming its economy.
Why food fraud persists, even with improving tech
Even with sophisticated technology it is still difficult to detect fake foods.
The real impact of roadworks on the country - and why they're set to get worse
There is a fine balance between the benefits of improved infrastructure, versus the cost of disruption. Does the country have it right?
Why the railways often seem to be in such chaos over Christmas
Parts of Britain’s rail network will close for engineering work over the festive period - but is that the right time to do it?
Budget 2025: What's the best and worst that could happen for Labour?
Three days in, after a tax U-turn and partial climbdown on workers' rights, Laura Kuenssberg looks at what impact Budget week might have.
Has Britain's budget watchdog become too all-powerful?
Ahead of this week's Budget, some have accused the Office for Budget Responsibility of being a "straitjacket on growth"
The curious case of why Poundland is struggling during a cost-of-living crisis
Why - in an age where so many of us are feeling the financial pinch - are some budget shops on UK high streets having such a tough time?
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